Plains GP Holdings LP
NASDAQ:PAGP
Income Statement
Earnings Waterfall
Plains GP Holdings LP
Revenue
|
48.7B
USD
|
Cost of Revenue
|
-44.5B
USD
|
Gross Profit
|
4.2B
USD
|
Operating Expenses
|
-2.8B
USD
|
Operating Income
|
1.3B
USD
|
Other Expenses
|
-1.2B
USD
|
Net Income
|
198m
USD
|
Income Statement
Plains GP Holdings LP
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
42 249
N/A
|
43 313
+3%
|
44 213
+2%
|
44 637
+1%
|
43 464
-3%
|
37 723
-13%
|
33 191
-12%
|
27 615
-17%
|
23 152
-16%
|
21 321
-8%
|
19 608
-8%
|
19 227
-2%
|
20 182
+5%
|
22 738
+13%
|
23 866
+5%
|
24 569
+3%
|
26 223
+7%
|
27 954
+7%
|
29 956
+7%
|
32 875
+10%
|
34 055
+4%
|
34 033
0%
|
34 206
+1%
|
33 300
-3%
|
33 669
+1%
|
33 562
0%
|
28 534
-15%
|
26 481
-7%
|
23 290
-12%
|
23 404
+0%
|
30 109
+29%
|
35 052
+16%
|
42 078
+20%
|
47 389
+13%
|
53 818
+14%
|
57 378
+7%
|
57 342
0%
|
55 988
-2%
|
51 231
-8%
|
48 966
-4%
|
48 712
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(38 465)
|
(39 698)
|
(40 591)
|
(40 848)
|
(39 500)
|
(33 872)
|
(29 440)
|
(23 975)
|
(19 726)
|
(18 032)
|
(16 408)
|
(16 136)
|
(17 233)
|
(19 479)
|
(20 575)
|
(21 473)
|
(22 985)
|
(24 912)
|
(27 143)
|
(29 584)
|
(29 793)
|
(29 393)
|
(29 086)
|
(28 173)
|
(29 452)
|
(29 700)
|
(24 981)
|
(23 233)
|
(20 431)
|
(20 455)
|
(27 207)
|
(32 174)
|
(38 504)
|
(43 897)
|
(49 944)
|
(52 941)
|
(53 176)
|
(51 713)
|
(46 933)
|
(44 968)
|
(44 531)
|
|
Gross Profit |
3 784
N/A
|
3 615
-4%
|
3 622
+0%
|
3 789
+5%
|
3 964
+5%
|
3 851
-3%
|
3 751
-3%
|
3 640
-3%
|
3 426
-6%
|
3 289
-4%
|
3 200
-3%
|
3 091
-3%
|
2 949
-5%
|
3 259
+11%
|
3 291
+1%
|
3 096
-6%
|
3 238
+5%
|
3 042
-6%
|
2 813
-8%
|
3 291
+17%
|
4 262
+30%
|
4 640
+9%
|
5 120
+10%
|
5 127
+0%
|
4 217
-18%
|
3 862
-8%
|
3 553
-8%
|
3 248
-9%
|
2 859
-12%
|
2 949
+3%
|
2 902
-2%
|
2 878
-1%
|
3 574
+24%
|
3 492
-2%
|
3 874
+11%
|
4 437
+15%
|
4 166
-6%
|
4 275
+3%
|
4 298
+1%
|
3 998
-7%
|
4 181
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 050)
|
(2 045)
|
(2 071)
|
(2 129)
|
(2 194)
|
(2 209)
|
(2 261)
|
(2 232)
|
(2 186)
|
(2 140)
|
(2 116)
|
(1 984)
|
(1 959)
|
(1 958)
|
(1 880)
|
(1 984)
|
(2 081)
|
(2 097)
|
(2 040)
|
(2 072)
|
(2 102)
|
(2 150)
|
(2 274)
|
(2 295)
|
(2 223)
|
(2 219)
|
(2 140)
|
(2 069)
|
(2 008)
|
(1 931)
|
(1 958)
|
(2 000)
|
(2 123)
|
(2 319)
|
(2 429)
|
(2 551)
|
(2 613)
|
(2 654)
|
(2 704)
|
(2 789)
|
(2 832)
|
|
Selling, General & Administrative |
(360)
|
(345)
|
(705)
|
(1 085)
|
(1 808)
|
(1 466)
|
(1 510)
|
(1 120)
|
(1 753)
|
(1 054)
|
(933)
|
(1 226)
|
(282)
|
(1 166)
|
(1 164)
|
(1 149)
|
(1 453)
|
(1 464)
|
(1 486)
|
(1 539)
|
(1 581)
|
(1 619)
|
(1 645)
|
(1 640)
|
(1 619)
|
(1 582)
|
(1 236)
|
(903)
|
(276)
|
(274)
|
(271)
|
(275)
|
(281)
|
(297)
|
(306)
|
(324)
|
(330)
|
(334)
|
(341)
|
(350)
|
(356)
|
|
Depreciation & Amortization |
(368)
|
(382)
|
(391)
|
(395)
|
(386)
|
(397)
|
(405)
|
(418)
|
(433)
|
(438)
|
(535)
|
(458)
|
(495)
|
(503)
|
(427)
|
(546)
|
(628)
|
(633)
|
(554)
|
(533)
|
(521)
|
(531)
|
(629)
|
(655)
|
(604)
|
(637)
|
(655)
|
(659)
|
(656)
|
(666)
|
(697)
|
(715)
|
(777)
|
(831)
|
(877)
|
(937)
|
(968)
|
(994)
|
(1 011)
|
(1 033)
|
(1 051)
|
|
Other Operating Expenses |
(1 322)
|
(1 318)
|
(975)
|
(649)
|
0
|
(346)
|
(346)
|
(694)
|
0
|
(648)
|
(648)
|
(300)
|
(1 182)
|
(289)
|
(289)
|
(289)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(249)
|
(507)
|
(1 076)
|
(991)
|
(990)
|
(1 010)
|
(1 065)
|
(1 191)
|
(1 246)
|
(1 290)
|
(1 315)
|
(1 326)
|
(1 352)
|
(1 406)
|
(1 425)
|
|
Operating Income |
1 734
N/A
|
1 570
-9%
|
1 551
-1%
|
1 660
+7%
|
1 770
+7%
|
1 642
-7%
|
1 490
-9%
|
1 408
-6%
|
1 240
-12%
|
1 149
-7%
|
1 084
-6%
|
1 107
+2%
|
990
-11%
|
1 301
+31%
|
1 411
+8%
|
1 112
-21%
|
1 157
+4%
|
945
-18%
|
773
-18%
|
1 219
+58%
|
2 160
+77%
|
2 490
+15%
|
2 846
+14%
|
2 832
0%
|
1 994
-30%
|
1 643
-18%
|
1 413
-14%
|
1 179
-17%
|
851
-28%
|
1 018
+20%
|
944
-7%
|
878
-7%
|
1 451
+65%
|
1 173
-19%
|
1 445
+23%
|
1 886
+31%
|
1 553
-18%
|
1 621
+4%
|
1 594
-2%
|
1 209
-24%
|
1 349
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(225)
|
(218)
|
(215)
|
(222)
|
(228)
|
(230)
|
(227)
|
(222)
|
(242)
|
(239)
|
(260)
|
(272)
|
(285)
|
(300)
|
(278)
|
(266)
|
(217)
|
(168)
|
(119)
|
(66)
|
(72)
|
(23)
|
(37)
|
(35)
|
(21)
|
(69)
|
(63)
|
(78)
|
(48)
|
(98)
|
(76)
|
(104)
|
(134)
|
(103)
|
(226)
|
(255)
|
(227)
|
(125)
|
(11)
|
58
|
56
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
210
|
314
|
577
|
581
|
382
|
243
|
(3 176)
|
(3 248)
|
(3 348)
|
(3 416)
|
(261)
|
(565)
|
(699)
|
(607)
|
(563)
|
(188)
|
36
|
77
|
188
|
182
|
203
|
180
|
|
Total Other Income |
(29)
|
(31)
|
(26)
|
(33)
|
(2)
|
(4)
|
(7)
|
(7)
|
(7)
|
2
|
26
|
47
|
33
|
28
|
2
|
(18)
|
(44)
|
(39)
|
(32)
|
(30)
|
7
|
9
|
4
|
9
|
22
|
22
|
25
|
22
|
6
|
5
|
2
|
2
|
2
|
3
|
3
|
3
|
6
|
6
|
19
|
28
|
29
|
|
Pre-Tax Income |
1 480
N/A
|
1 321
-11%
|
1 310
-1%
|
1 405
+7%
|
1 540
+10%
|
1 408
-9%
|
1 256
-11%
|
1 179
-6%
|
991
-16%
|
912
-8%
|
850
-7%
|
882
+4%
|
738
-16%
|
1 029
+39%
|
1 135
+10%
|
828
-27%
|
896
+8%
|
738
-18%
|
622
-16%
|
1 333
+114%
|
2 409
+81%
|
3 053
+27%
|
3 394
+11%
|
3 188
-6%
|
2 238
-30%
|
(1 580)
N/A
|
(1 873)
-19%
|
(2 225)
-19%
|
(2 607)
-17%
|
664
N/A
|
305
-54%
|
77
-75%
|
712
+825%
|
510
-28%
|
1 034
+103%
|
1 670
+62%
|
1 409
-16%
|
1 690
+20%
|
1 784
+6%
|
1 498
-16%
|
1 614
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(106)
|
(110)
|
(123)
|
(143)
|
(212)
|
(190)
|
(210)
|
(216)
|
(182)
|
(188)
|
(147)
|
(128)
|
(78)
|
(144)
|
(158)
|
(99)
|
(114)
|
(85)
|
(47)
|
(113)
|
(302)
|
(306)
|
(317)
|
(356)
|
(176)
|
36
|
40
|
100
|
167
|
(19)
|
(9)
|
30
|
(112)
|
(93)
|
(166)
|
(332)
|
(246)
|
(293)
|
(293)
|
(159)
|
(189)
|
|
Income from Continuing Operations |
1 374
|
1 211
|
1 187
|
1 262
|
1 328
|
1 218
|
1 046
|
963
|
809
|
724
|
703
|
754
|
660
|
885
|
977
|
729
|
782
|
653
|
575
|
1 220
|
2 107
|
2 747
|
3 077
|
2 832
|
2 062
|
(1 544)
|
(1 833)
|
(2 125)
|
(2 440)
|
645
|
296
|
107
|
600
|
417
|
868
|
1 338
|
1 163
|
1 397
|
1 491
|
1 339
|
1 425
|
|
Income to Minority Interest |
(1 359)
|
(1 183)
|
(1 145)
|
(1 205)
|
(1 258)
|
(1 131)
|
(944)
|
(845)
|
(691)
|
(601)
|
(568)
|
(627)
|
(566)
|
(786)
|
(896)
|
(668)
|
(690)
|
(565)
|
(504)
|
(1 042)
|
(1 773)
|
(2 302)
|
(2 573)
|
(2 369)
|
(1 731)
|
1 147
|
1 386
|
1 625
|
1 872
|
(562)
|
(298)
|
(150)
|
(540)
|
(404)
|
(755)
|
(1 130)
|
(995)
|
(1 182)
|
(1 259)
|
(1 149)
|
(1 227)
|
|
Net Income (Common) |
15
N/A
|
28
+87%
|
42
+50%
|
57
+36%
|
70
+23%
|
87
+24%
|
102
+17%
|
118
+16%
|
118
N/A
|
123
+4%
|
135
+10%
|
127
-6%
|
94
-26%
|
99
+5%
|
81
-18%
|
61
-25%
|
(731)
N/A
|
(735)
-1%
|
(752)
-2%
|
(645)
+14%
|
334
N/A
|
445
+33%
|
504
+13%
|
463
-8%
|
331
-29%
|
(397)
N/A
|
(447)
-13%
|
(500)
-12%
|
(568)
-14%
|
83
N/A
|
(2)
N/A
|
(43)
-2 050%
|
60
N/A
|
13
-78%
|
113
+769%
|
208
+84%
|
168
-19%
|
215
+28%
|
232
+8%
|
190
-18%
|
198
+4%
|
|
EPS (Diluted) |
0.3
N/A
|
0.56
+87%
|
0.83
+48%
|
1.12
+35%
|
1.25
+12%
|
1.08
-14%
|
1.21
+12%
|
1.4
+16%
|
1.42
+1%
|
1.29
-9%
|
1.28
-1%
|
1.25
-2%
|
0.95
-24%
|
0.82
-14%
|
0.52
-37%
|
0.39
-25%
|
-5.04
N/A
|
-4.68
+7%
|
-4.78
-2%
|
-4.08
+15%
|
2.11
N/A
|
2.78
+32%
|
3.07
+10%
|
2.75
-10%
|
1.96
-29%
|
-2.16
N/A
|
-2.42
-12%
|
-2.68
-11%
|
-3.05
-14%
|
0.44
N/A
|
-0.01
N/A
|
-0.22
-2 100%
|
0.31
N/A
|
0.06
-81%
|
0.58
+867%
|
1.07
+84%
|
0.87
-19%
|
1.12
+29%
|
1.18
+5%
|
0.96
-19%
|
1.02
+6%
|